Moving To Memphis

We welcome you to Memphis, Tennessee

Whether you just unpacked, are still planning your big move, or simply have an interest in what it's like to live in Memphis, the links below will help you find the necessary resources to move to Memphis. The Chamber Research Department also offers a Relocation Guide and Relocation Packet.

Real Estate and Rental Properties

Taxes

County Trustee, (901) 432-4829Property Tax (per $100 valuation):
Inside the Memphis City Limits: $7.13
Shelby County $4.06
Other municipalities vary, please go to the Taxes page for more details.Ratio of Assessment
In Memphis and Shelby County, residential property is assessed at 25% of its value, commercial and industrial real estate at 40%, and farm real estate at 25%.

Sales Tax

State: 7%Shelby County: 2.25% (percent to a maximum of $1,600 per single article of tangible property)Total State and County: 9.25%

Other State Tax

Excise Tax
6.5% of Tennessee taxable incomeFranchise Tax
.25% of the greater of net worth or real and tangible property in Tennessee. The minimum tax is $100.Inventory Tax
None on finished goods in inventory. Varies based on the type of business.Gross Sales Receipts tax
Bottlers: 1.9% of gross receipts
Vending machine operators: 1.5% for non-tobacco sales; 2.5% for tobacco sales.
Utilities-gas, water and electric companies: 3% of the gross receipts derived from intrastate business. Persons in the business of manufacturing gas or distributing manufactured gas or natural gas pay an amount of 1.5% of the gross receipts.Personal Income Tax
No personal income tax on wages and salaries; 6% tax applies on certain types of dividend and interest income.Unemployment Compensation Tax
0.15% to 10% of the first $9,000 of wages paid to each employee in calendar year; new employee rate is 2.7% for tasks other than wood manufacturing, primary metal manufacturing, construction and mining.

Veterans Affairs

Voters Registration

Election Commission
150 Washington, Memphis, TN 38103
(901) 222-1200, shelbyvote.com
Registration is available to U.S. citizens 18 and older. Must register 30 days before an election to be eligible to vote. Applications are available at the Election Commission Office, or visit VoteForMemphis.com to download an application.